Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen and fuel cell systems for the material handling and stationary power markets primarily in North America and Europe. It focuses on proton exchange membrane (PEM) fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and related hydrogen storage and dispensing infrastructure. The company offers GenDrive, a hydrogen fueled PEM fuel cell system that provides power to material handling electric vehicles; GenFuel, a hydrogen fueling delivery, generation, storage, and dispensing systems; GenCare, which is an ongoing maintenance program for GenDrive fuel cells, GenSure products, GenFuel products, and ProGen engines; and GenSure, a stationary fuel cell solution that provides scalable modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors. It also provides GenKey, a turn-key solution for transitioning to fuel cell power; ProGen, a fuel cell stack and engine technology that is used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; and GenFund, which offers financing solutions to customers. The company offers its products to distribution and manufacturing businesses, and government agencies through direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Electrical industrial apparatus
Sub-IndustryN/A
SectorIndustrial Products
SymbolNASDAQ:PLUG
CUSIPN/A
Phone518-782-7700
Debt
Debt-to-Equity Ratio4.16
Current Ratio1.07
Quick Ratio0.69
Price-To-Earnings
Trailing P/E Ratio-3.28
Forward P/E Ratio-10.37
P/E GrowthN/A
Sales & Book Value
Annual Sales$103.26 million
Price / Sales4.10
Cash FlowN/A
Price / CashN/A
Book Value$0.32 per share
Price / Book6.16
Profitability
EPS (Most Recent Fiscal Year)($0.60)
Net Income$-127,080,000.00
Net Margins-66.16%
Return on Equity-108.78%
Return on Assets-22.90%
Miscellaneous
Employees644
Outstanding Shares214,790,000
Market Cap$410.26 million
Plug Power (NASDAQ:PLUG) Frequently Asked Questions
What is Plug Power's stock symbol?
Plug Power trades on the NASDAQ under the ticker symbol "PLUG."
How were Plug Power's earnings last quarter?
Plug Power Inc (NASDAQ:PLUG) announced its quarterly earnings results on Thursday, August, 9th. The electronics maker reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.09) by $0.03. The electronics maker earned $39.93 million during the quarter, compared to the consensus estimate of $40.52 million. Plug Power had a negative net margin of 66.16% and a negative return on equity of 108.78%. The business's revenue was up 76.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. View Plug Power's Earnings History.
When is Plug Power's next earnings date?
What price target have analysts set for PLUG?
6 Wall Street analysts have issued 1-year price objectives for Plug Power's stock. Their predictions range from $3.00 to $5.00. On average, they expect Plug Power's stock price to reach $4.00 in the next twelve months. This suggests a possible upside of 103.0% from the stock's current price. View Analyst Price Targets for Plug Power.
What is the consensus analysts' recommendation for Plug Power?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Plug Power in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Plug Power.
What are Wall Street analysts saying about Plug Power stock?
Here are some recent quotes from research analysts about Plug Power stock:
- 1. According to Zacks Investment Research, "Plug Power Inc. is a leading provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used primarily for the material handling and stationary power market. They are focused on proton exchange membrane, or PEM, fuel cell and fuel processing technologies, fuel cell/battery hybrid technologies, and associated hydrogen storage and dispensing infrastructure from which multiple products are available. They sell and continue to develop fuel cell product solutions to replace lead-acid batteries in material handling vehicles and industrial trucks for some of North America's largest distribution and manufacturing businesses. Their current product line includes: GenDrive, GenFuel, GenCare, ReliOn, and GenKey. " (7/18/2018)
- 2. HC Wainwright analysts commented, "Investor Day Notes; Management Upbeat and Confident Going into 2018; Affirm Buy Continuing coverage under the name H.C. Wainwright & Co. with a Buy rating. Effective November 9, 2017, research in the above titled name will now be published under H.C. Wainwright & Co. and no longer distributed in conjunction with ‘Rodman & Renshaw, a unit of H.C. Wainwright’. Investor day and site visit. On December 6, 2017 we attended PLUG’s investor day; the company also provided a site visit of its Latham, NY, facilities to investors. In addition to the company’s CEO and CFO, some other top executives including sales, operations, and hydrogen system group heads made presentations during the event. Key takeaways. During 2017, the company has been successful in securing business from Walmart (WMT; not rated) and Amazon (AMZN; not rated); revenue from Amazon alone is expected to be $600M over four years." (12/7/2017)
Are investors shorting Plug Power?
Plug Power saw a increase in short interest in the month of July. As of July 31st, there was short interest totalling 32,635,223 shares, an increase of 7.0% from the July 13th total of 30,487,568 shares. Based on an average trading volume of 2,042,682 shares, the days-to-cover ratio is presently 16.0 days. Currently, 15.4% of the company's shares are short sold. View Plug Power's Current Options Chain.
Who are some of Plug Power's key competitors?
Who are Plug Power's key executives?
Plug Power's management team includes the folowing people:
- Mr. George C. McNamee, Co-Founder & Chairman (Age 71)
- Mr. Andrew J. Marsh, Pres, CEO & Director (Age 62)
- Mr. Paul B. Middleton, Sr. VP & CFO (Age 51)
- Mr. Keith C. Schmid, Sr. VP & COO (Age 55)
- Mr. Gerard L. Conway Jr., Sr. VP, Gen. Counsel & Corp. Sec. (Age 53)
Has Plug Power been receiving favorable news coverage?
Press coverage about PLUG stock has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Plug Power earned a media and rumor sentiment score of 0.17 on Accern's scale. They also assigned media stories about the electronics maker an impact score of 48.57 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term. View Recent Headlines for Plug Power.
Who are Plug Power's major shareholders?
Plug Power's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.83%), Schwab Charles Investment Management Inc. (0.53%), Bank of New York Mellon Corp (0.42%), California Public Employees Retirement System (0.21%), Nomura Holdings Inc. (0.17%) and Global X Management Co LLC (0.06%). Company insiders that own Plug Power stock include George C Mcnamee and Liquide Investissements D' Air. View Institutional Ownership Trends for Plug Power.
Which major investors are selling Plug Power stock?
PLUG stock was sold by a variety of institutional investors in the last quarter, including New Jersey Better Educational Savings Trust, Bank of New York Mellon Corp, California Public Employees Retirement System and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for Plug Power.
Which major investors are buying Plug Power stock?
PLUG stock was acquired by a variety of institutional investors in the last quarter, including Nomura Holdings Inc., Global X Management Co LLC, BlackRock Inc. and Metropolitan Life Insurance Co. NY. View Insider Buying and Selling for Plug Power.
How do I buy shares of Plug Power?
Shares of PLUG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Plug Power's stock price today?
One share of PLUG stock can currently be purchased for approximately $1.97.
How big of a company is Plug Power?
Plug Power has a market capitalization of $410.26 million and generates $103.26 million in revenue each year. The electronics maker earns $-127,080,000.00 in net income (profit) each year or ($0.60) on an earnings per share basis. Plug Power employs 644 workers across the globe.
How can I contact Plug Power?
Plug Power's mailing address is 968 ALBANY-SHAKER ROAD, LATHAM NY, 12110. The electronics maker can be reached via phone at 518-782-7700 or via email at [email protected]
MarketBeat Community Rating for Plug Power (NASDAQ PLUG)
MarketBeat's community ratings are surveys of what our community members think about Plug Power and other stocks. Vote "Outperform" if you believe PLUG will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PLUG will underperform the S&P 500 over the long term. You may vote once every thirty days.
